Loan Census Banking News and Information
November 15, 2024  
 
 
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Montana Small Business Funding

 

 
Loan Census SBA Loan Info

Roofing, Siding, and Sheet Metal Contractors Commercial Loans

Looking for commercial loans for roofing, siding, and sheet metal contractors? Try the SBA. This $20,000 roofing, siding, and sheet metal contractors loan was issued by a Montana bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Yellowstone Bank, out of Billings, Montana. The loan was granted and they received $20,000 to help grow their Billings, Montana business.

SBA Loan Borrower

COMPANY TYPE: ROOFING, SIDING, AND SHEET METAL CONTRACTORS
BILLINGS, MT 59101

SBA Loan Lender

YELLOWSTONE BANK
2000 OVERLAND AVE
BILLINGS, MT 59102

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235610 - Roofing, Siding, and Sheet Metal Contractors

Loan Approval Date

12/12/2001

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $17,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Yellowstone Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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